by Sunday | Nov 7 | Economics WAEC
A. 108ton B. 52tons C. -52tons D. -108tons Correct Answer: Option B B. 52tons
by Sunday | Nov 7 | Economics WAEC
A. positively sloping supply curve B. perfectly elastic supply curve C. backward bending supply curve D. perfectly inelastic Correct Answer: Option A A. positively sloping supply curve
by Sunday | Nov 7 | Economics WAEC
A. consumers are to a change in price B. sellers are to a change in price C. sellers are to a change in price D. buyers are to a change in income Correct Answer: Option C C. sellers are to a change in price Explanation Price elasticity of supply or demand measures the...
by Sunday | Nov 7 | Economics WAEC
A. competitive demand B. composite demand C. complementary demand D. derived demand Correct Answer: Option C C. complementary demand Explanation Complementary demand:- Is a demand for a product generated by the demand for a related but different product, such as by...
by Sunday | Nov 7 | Economics WAEC
A. increase B. fall C. fluctuate D. remain unchanged Correct Answer: Option A A. increase Explanation If prices for inelastic goods are increased, the total revenue increases, but it would lead to a small decrease in quantity demanded. This means that firms that deal...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.